Transnet National Ports Authority (TNPA)

South Africa’s state-owned logistics company Transnet plans to invest N$44 billion into its two port divisions over the next five years and aims to turn Durban into a “world-class” hub for container shipping. The rail, port, and pipeline company, damaged by years of corruption, mismanagement, and infrastructure in a state of disrepair, has turned a corner. Transnet recently posted a profit of N$5 billion for the year ended March 20222, swinging sharply upwards from a…